The R/S is announced on the OTC bulletin Board. Effective tomorrow, I believe. MY question is this: CAN the company elect at this point in time to cancel the RS?
With the pps in the tank, it is a great day for SITS to buy back the 4 million shares they announced they would be buying...and a good number of investors who are holding long stand a fantastic chance to make out very well.
If they go through with the split, they might be able to uplist, but their trust with the current roster of shareholders will be basically shot. That will hurt share value for quite awhile UNLESS....UNLESS...there truly is a great deal about to be announced. Failing all of this... this stock is toast.
Either way, many would possibly feel deceived
In this Vulcan's humble opinion...
Forgot to charge the old phaser. It can only reheat my coffee today. My bad.
Spock, standing buy.
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